McCormick & Company (MKC)
Sells branded pantry products and custom flavor systems across retail, manufacturing, and foodservice.
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Sells branded spices, seasonings, condiments, and sauces through retailers while supplying custom flavor systems and packaged products to food manufacturers and foodservice customers. Consumer generates most sales and carries higher margins; Flavor Solutions has concentrated exposure to a small group of large customers.
Manufactures and markets spices, herbs, seasoning mixes, condiments, sauces, and other flavor products through Consumer and Flavor Solutions. Consumer sells brands including McCormick, Frank’s RedHot, French’s, Cholula, Old Bay, and Lawry’s through retailers; Flavor Solutions develops seasoning blends, compound flavors, coatings, and custom condiments for food manufacturers and foodservice customers.
Operates across the Americas, Europe, the Middle East, Africa, and Asia-Pacific, combining local brands and production with sensory testing, culinary research, and food-safety capabilities. Consumer generates most sales and carries higher margins, while long-standing custom programs support Flavor Solutions.
Relies on globally sourced agricultural inputs, food-safety compliance, a major retail customer, and a concentrated group of Flavor Solutions customers. The proposed combination with Unilever Foods remains pending and would replace the current segment structure after closing.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 18, 2026 | Coker Palmer | Target | Target: $72 | Target: $62 |
| Sep 14, 2026 | Cowen & Co. | Downgrade | ||
| Sep 14, 2026 | TD Cowen | Downgrade | ||
| Jun 29, 2026 | Barclays | Reiterate | Rating: —Target: $67 | Target: $55 |
| Jun 26, 2026 | UBS | Reiterate | Rating: —Target: $51 | Target: $52 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, May 31, 2026Cash & short-term investments $331.2M · Total debt $4.93B · Total assets $16.48B · Shareholders' equity $7.00B
- Revenue
- $1.94B
- Operating income
- $276.4M
- Net income
- $160.2M
HistoryDividendAnnual yield
| Institutions | ≈ 169.91% | 456.81M shares | |
|---|---|---|---|
| 990 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.30% | 794.6K shares | |
| 25 holders · as of Sep 9, 2026 | |||
| Adds to | 170.21% | ||
268.85M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 170.21%; nothing is left for Other.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.58% | 20.95M · 20.95M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 12.35% | 16.61M · 16.61M | as of Jun 30, 2026 |
State Farm Mutual Automobile Insurance CoInstitution | 12.29% | 16.52M · 16.52M | as of Jun 30, 2026 |
State Street CorpInstitution | 11.40% | 15.33M · 15.33M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 10.30% | 13.85M · 13.85M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 10, 2026 | Lawrence Erik Kurzius | 10 percent owner | −205,538 | $52.69 |
| Jul 23, 2026 | Michael Aaron Conway | director | +1,100 | $50.21 |
| Apr 10, 2026 | Gavin Hattersley | director | +2,000 | $52.98 |
| Feb 12, 2026 | Lawrence Erik Kurzius | 10 percent owner | −50,000 | $71.63 |
| Feb 9, 2026 | Michael D. Mangan | director | −5,000 | $67.92 |
- Kraft Heinz
Condiments and sauces rival across retail and foodservice
- B&G Foods
Spices, seasonings, and grilling blends face McCormick shelves
- International Flavors & Fragrances
B2B flavor systems overlap across sauces, snacks, and foodservice
- Conagra Brands
Sauces, cooking aids, and meal brands overlap at lower weight
- Sensient Technologies
Flavors, extracts, and agricultural ingredients contest B2B flavor
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| McCormick & Company | $48.68 | −1.51% | $13.29B | 8.2 | 15.7 | 1.8 | +16.7% |
| Kraft Heinz | $23.66 | −1.44% | $28.46B | — | 11.9 | 1.1 | −1.4% |
| B&G Foods | $3.01 | −1.15% | $246.7M | — | 6.2 | 0.1 | −9.7% |
| International Flavors & Fragrances | $85.68 | −0.13% | $21.90B | 79.4 | 24.9 | 2.2 | −29.3% |
| Conagra Brands | $14.64 | −1.05% | $7.08B | — | 9.9 | 0.6 | +3.6% |
| Sensient Technologies | $129.77 | −0.80% | $5.57B | 35.3 | 29.2 | 3.3 | +11.6% |
| Median | 57.3 | 11.9 | 1.1 | −1.4% |